‘Uninsurable and Unhedgeable’: Central Banks Warn of Financial Crisis from Climate Change
DeSmogBlog
JANUARY 31, 2020
Read time: 6 mins A future climate disaster, or “green swan” event, could bring down the global financial system, according to a new report from the Bank for International Settlements ( BIS ), an international financial organization that serves as a bank for central banks around the world.
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